STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Company limited by guarantee

Company Registration Number:
06529933 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2023

Period of accounts

Start date: 1 April 2022

End date: 30 March 2023

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Contents of the Financial Statements

for the Period Ended 30 March 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Profit And Loss Account

for the Period Ended 30 March 2023

2023 2022


£

£
Turnover: 140,510 139,745
Cost of sales: ( 100,321 ) ( 121,756 )
Gross profit(or loss): 40,189 17,989
Administrative expenses: ( 90,143 ) ( 52,651 )
Other operating income: 53,551 37,899
Operating profit(or loss): 3,597 3,237
Interest receivable and similar income: 1 7
Profit(or loss) before tax: 3,598 3,244
Tax: ( 989 ) 0
Profit(or loss) for the financial year: 2,609 3,244

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Balance sheet

As at 30 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 134,395 139,759
Total fixed assets: 134,395 139,759
Current assets
Stocks: 4 1,750 3,600
Debtors: 5 11,285 1,289
Cash at bank and in hand: 1,089 22,519
Total current assets: 14,124 27,408
Creditors: amounts falling due within one year: 6 ( 74,920 ) ( 96,177 )
Net current assets (liabilities): (60,796) (68,769)
Total assets less current liabilities: 73,599 70,990
Total net assets (liabilities): 73,599 70,990
Members' funds
Profit and loss account: 73,599 70,990
Total members' funds: 73,599 70,990

The notes form part of these financial statements

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Balance sheet statements

For the year ending 30 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 March 2024
and signed on behalf of the board by:

Name: Iain James Slade
Status: Director

The notes form part of these financial statements

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discountsand value added taxes. Turnover includes revenue earned from the sale of goods and from therendering of services. Turnover from the sale of goods is recognised when the significant risksand rewards of ownership of the goods have transferred to the buyer. Turnover from the renderingof services is recognised by reference to the stage of completion of the contract. The stage ofcompletion of a contract is measured by comparing the costs incurred for work performed to dateto the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulativeimpairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over itsexpected useful life, as follows:Plant and machinery 15% reducing balanceFixtures, fittings, tools and equipment 25% reducing balance

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 2

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 114,004 5,608 41,382 160,994
Additions 611 105 716
Disposals
Revaluations
Transfers
At 30 March 2023 114,004 6,219 41,487 161,710
Depreciation
At 1 April 2022 0 841 20,394 21,235
Charge for year 807 5,273 6,080
On disposals
Other adjustments
At 30 March 2023 0 1,648 25,667 27,315
Net book value
At 30 March 2023 114,004 4,571 15,820 134,395
At 31 March 2022 114,004 4,767 20,988 139,759

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

4. Stocks

2023 2022
£ £
Stocks 1,750 3,600
Total 1,750 3,600

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 11,285 1,289
Total 11,285 1,289

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,232 3,424
Taxation and social security 11,196 3,419
Accruals and deferred income 2,388 9,064
Other creditors 59,104 80,270
Total 74,920 96,177

COMMUNITY INTEREST ANNUAL REPORT

STILTSKIN CREATIVE ARTS & THEATRE COMPANY C.I.C.

Company Number: 06529933 (England and Wales)

Year Ending: 30 March 2023

Company activities and impact

Stiltskin have continued to work within the local community producing theatre and arts projects for children, young people and their families. This has benefitted the community through bringing cultural experiences to children, young people and their families throughout the year. A significant proportion of our audience had concerns about returning to indoor performances due to fear of catching covid. We therefore continued to produce outdoor shows throughout 2022/23.Our in-person, after-school education programme reopened and soon reached pre-pandemic participant levels. We continued to charge affordable subscription fees, and offered bursaries to a number of families that were facing financial difficulty or had experienced family trauma.This has been an important service for children ensuring children continue to benefit from using their imaginations, socialising with their peers, learning from one another and gaining new skills.We have been key partners on an early years project with The University of Plymouth and Action for Children. This pilot project has been exploring how artists can work with preschool children to develop their own curriculum. As a result of this work an academic paper was published and the partnership wrote a successful funding bid to the Paul Hamlyn Foundation.We also ran a successful “School Readiness” project for early years children, supported by the charity Action for Children.We were a key delivery organisation for the Plymouth Cultural Educational Partnerships’ “With Flying Colours” project. The project was funded by the Department of Media, Culture and Sport with the aim of bringing creativity into schools in some of the most deprived areas of England. We had opportunity to lead a year long theatre project working with a class of 7 to 8 years olds in a local school. We were also commissioned to product and tour a theatre show, “Pirates of The Imagination” to six schools across Plymouth.We continued to receive support from The Rank Foundation, who funded a year long internship of a marketing and communications officer.

Consultation with stakeholders

Our stakeholders include audience members, workshop members and participants, friends ofthe theatre, donors and academic partners. Our stakeholders are continuously consulted regarding the work we do to encouragefeedback on the work and any suggestions regarding future work for the company. We have avisitors book where audience members are requested to give feedback, we have a Facebookpage for people to write comments and we are always in touch with people via phone oremail. Stiltskin have held two consultation days within the year with “friends of the theatre”, audiencemembers and workshop members to ensure that what we offer is relevant and diverseenough for our stakeholders and to ensure everyone understand the development of the CIC. We are constantly appraising our work to ensure the stakeholders are happy with theoutcomes and that the work is made with them in mind. We have been developing schoolprojects to link with the curriculum and with schools objectives for projects.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 March 2024

And signed on behalf of the board by:
Name: Iain James Slade
Status: Director